Herbert Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TONKA BAY, MN. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $219K in total assets. In 2024, it awarded 10 grants totaling $389K. Net investment income was $117K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$219K
Annual Giving
$389K
Grant Count
10
Avg Grant Size
$39K
Under IRS private-foundation payout rules, Herbert Family Foundation reported a distributable amount of $28K for 2024 — the minimum it must pay out in qualifying distributions.
About Herbert Family Foundation
Based on IRS filings
Herbert Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TONKA BAY, MN. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $219K in total assets. In 2024, it awarded 10 grants totaling $389K. Net investment income was $117K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $219,177 | $51,845 | $52,055 |
| Revenue | $77,619 | $239,606 | $42,299 |
| Expenses | $393,734 | $239,816 | $85,222 |
| Qualifying Distributions | $388,520 | $239,766 | $77,858 |
| Net Investment Income | $116,688 | $89,790 | — |
| Distributable Amount | $27,527 | $54,377 | $65,945 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
29 grants across all recorded years
Open Grants
1 open opportunity from Herbert Family Foundation
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Children's Health Care Foundation ($96,960), Grafton School Inc ($77,849), St Jude ($49,240).
| Recipient | Purpose | Amount |
|---|---|---|
| ALZHEIMER'S ASSOCIATION OF MNND MINNETONKA, MN | GENERAL FUND | $35,254 |
| AMERICAN HEART ASSOCIATION INC EAGAN, MN | GENERAL FUND | $45,595 |
| CHILDREN'S HEALTH CARE FOUNDATION MINNEAPOLIS, MN | GENERAL FUND | $96,960 |
| GRAFTON SCHOOL INC WINCHESTER, VA | GENERAL FUND | $77,849 |
| PARK NICOLLET FOUNDATION ST LOUIS PARK, MN | GENERAL FUND | $15,626 |
| RELATE COUNSELING CENTER MINNETONKA, MN | GENERAL FUND | $9,000 |
| ST JUDE EDINA, MN | GENERAL FUND | $49,240 |
| THE BOWERY MISSION NEW YORK, NY | GENERAL FUND | $3,000 |
| YOUNG LIFE ROSEVILLE, MN | GENERAL FUND | $7,120 |
| PI BETA PHI FOUNDATION TOWN AND COUNTRY, MO | GENERAL FUND | $48,876 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TIMOTHY HERBERT | BOARD MEMBER | 1 | — |
| MARGARET HERBERT | PRESIDENT | 1 | — |
| DEREK HERBERT | SECRETARY | 1 | — |
| DUSTIN HERBERT | TREASURER | 1 | — |
| BRIANNA HERBERT | BOARD MEMBER | 1 | — |
| HANNAH HERBERT | BOARD MEMBER | 1 | — |
| MAIGHDLIN HERBERT | BOARD MEMBER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Herbert Family Foundation?
Herbert Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TONKA BAY, MN. It holds $219K in total assets as of 2024.
How large is Herbert Family Foundation?
As of 2024, Herbert Family Foundation holds $219K in total assets with $78K in annual revenue. It awarded 10 grants totaling $389K in 2024.
Where does Herbert Family Foundation operate?
Herbert Family Foundation has awarded grants in Minnesota, Missouri, New York, Virginia.
What size grants does Herbert Family Foundation award?
In 2024, Herbert Family Foundation awarded 10 grants totaling $389K — an average of about $39K per grant, based on its IRS Form 990 filings.
How much is Herbert Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Herbert Family Foundation reported a distributable amount of $28K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Herbert Family Foundation's EIN?
Herbert Family Foundation's EIN (Employer Identification Number) is 84-3987833. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Herbert Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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